Jersey Oil & Gas in farm-out with Statoil (UK) on licence P.2170
23rd Aug 2016 12:09
(ShareCast News) - Jersey Oil & Gas has, alongside its co-venturer CIECO Exploration and Production (UK) Ltd, entered into a sale and purchase agreement for the farm-out of a 70% working interest in UK Seaward Licence P.2170, Blocks 20/5b and 21/1d, to Statoil (UK) Ltd. Jersey holds, via wholly owne
Read moreJersey Oil & Gas sees North Sea buys as FY losses narrow
25th Apr 2016 08:54
(ShareCast News) - Jersey Oil & Gas on Monday said it was confident of grabbing a "number" of North Sea acquisition targets in 2016 as it full-year pre-tax losses narrowed to £1.4m from £44.4m. A cut is sales costs helped reduce the losses, although revenues were hit by the falling oil price, down
Read moreJersey Oil reduces costs, relinquishes licences
1st Feb 2016 14:41
(ShareCast News) - Jersey Oil and Gas was working to assure shareholders of its viability on Monday, as it reduced costs and relinquished a number of licences - though the company was positive about the farming out of one of its projects. The AIM-quoted independent oil and gas company said that it h
Read moreJersey Oil & Gas farms out North Sea licence
5th Jan 2016 12:04
(ShareCast News) - Jersey Oil & Gas continued its de-risking programme on Tuesday, farming out its share in a North Sea production licence. The AIM-listed independent upstream oil and gas company, focused on the UK Continental Shelf area of the North Sea, said it had signed a sales and purchase agre
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